First NBC Bank prices IPO at the $24 midpoint

By Renaissance Capital,

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First NBC Bank, a recently founded New Orleans-based full-service bank operating 31 branches, raised $100 million by offering 4.2 million shares at $24, the midpoint of the range of $22 to $26. First NBC Bank Holding Company plans to list on the NASDAQ under the symbol NBCB. Sandler O'Neill and Keefe Bruyette Woods acted as joint bookrunners on the deal.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: News Headlines IPOs
Referenced Stocks: NBCB

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